A Crisil assessment highlights escalating fiscal deficits, increasing debt levels, and subdued capital expenditure among Indian states, urging policy shifts towards sustainable spending and revenue enhancement. Indian states are under growing pressure to tighten their finances, lift revenue and revive…
A new wave of first-generation founders is driving the expansion and diversification of India’s family-owned firms, now representing a global economic force worth $1.46 trillion. India’s family-owned businesses are becoming a larger and more diverse force in the country’s economy,…
The Indian government has significantly ramped up its efforts to combat cyber fraud, blocking thousands of apps and accounts, and saving over Rs 11,000 crore in the process, amid a comprehensive digital crackdown. The Union government has blocked 3,718 mobile…
Hardik Shah of Boston Consulting Group highlights the need for stronger governance, collaborative security, and infrastructure investment as Indian banks prepare for transformative AI adoption, amid growing cyber risks. Artificial intelligence is set to transform Indian banking over the next…
A parliamentary committee in India has recommended stricter oversight on private hospital charges, including capping room rents and medical device prices, amid concerns over rising costs and foreign investments. A parliamentary committee has urged India to tighten oversight of private…
A forecast of below-normal rainfall across India over the next two weeks, compounded by El Niño conditions, threatens to impact vital summer crops and exacerbate drought fears in key farming regions. India’s monsoon is set to weaken across much of…
Founded by IIT Madras alumni, Discovered Materials secures $9 million in seed funding to advance AI-driven thermal management solutions for next-generation semiconductor chips, highlighting a surge in AI-focused materials research and investment. Discovered Materials, founded by two Indian Institute of…
Economist Arvind Panagariya advocates for Kerala to foster a business-friendly environment, maximise Vizhinjam port potential, and push for public sector reforms to fuel economic growth and urban development. Arvind Panagariya has urged Kerala to back policies that give entrepreneurs room…
India’s move to unify mineral rights taxation aims to streamline industry rules but threatens to override state powers, sparking a legal and political debate over constitutional authority and fiscal rights. India’s plan to tighten the rules on mineral taxation may…
Since 1991, policy shifts from telecom reform to software parks have catapulted India’s tech industry into a global powerhouse, earning over $283 billion in FY25 and reshaping the country’s economy and foreign exchange reserves. India’s economic liberalisation in 1991 did…
India’s next scientific leap will depend more on long-term private and philanthropic investment than on public slogans, as the country lags behind global R&D spenders and seeks to boost innovation in critical fields. India’s next scientific leap will depend less…
India’s engineering sector faces potential new tariffs under a US sanctions bill targeting Russian energy imports, raising concerns over trade stability with its largest market. India’s engineering exporters are weighing the risk of a new US sanctions bill that could…
